Canada Records a Big Jump in Trade Deficit in November as Exports Fall

Canada posted a huge jump in its monthly international trade deficit in November as its merchandise exports dropped by a big margin, led by metal and non-metallic product exports, data showed on Thursday.

It posted a goods trade deficit of C$2.2 billion ($1.62 billion) in November, up from an upwardly revised C$395 million registered in the prior month, Statistics Canada said.

Barring September, when Canada posted a marginal surplus, the trade balance has been in deficit since February last year...

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